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MLS: #PAPH2655920, Listed By: Jason Polykoff, Keller Williams Realty Devon-Wayne, Source:Bright MLS

1613 W Diamond Street

PHILADELPHIA, PA 19121
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Bed 9

Bed

Bath 0

Bath

SqFt2,980

Sqft

Acres0.04

Acre(Lot)

Welcome to 1613 W. Diamond Street, a turnkey, legally zoned RM-1 triplex located just minutes from Temple University in one of Philadelphia's fastest growing neighborhoods, where strong rental demand and continued redevelopment create excellent long term investment potential. Remember 2020 interest rates? Here's your chance to get one again. While today's buyers are facing much higher borrowing costs, 1613 W. Diamond St. offers an assumable FHA loan with an incredibly low 2.25% interest rate, subject to lender approval and buyer qualification. Opportunities like this are exceptionally rare and could save the next owner hundreds of dollars each month and tens of thousands over the life of the loan. This well maintained property features three spacious 3 bedroom apartments. Unit 1 offers 3 bedrooms and 1 bathroom and is currently rented month to month at $1,525/month, providing flexibility for an owner occupant or investor. Units 2 and 3 each feature 3 bedrooms and 2 full bathrooms and are rented for $2,000/month and $2,050/month, respectively. The property currently averages approximately $6,200 per month in rental income. With tenants paying their own electric, this property offers attractive cash flow with low operating expenses. The property has seen numerous recent improvements, including three newer hot water heaters (all approximately 1 to 2 years old), an upgraded water pressure pump, new flooring in Unit 1, fresh paint throughout all three units, a washer and dryer drain system added to Unit 3, a front door keypad, and backyard furnishings that enhance the outdoor space. Each unit comes equipped with stainless steel appliances, its own washer and dryer, high speed WiFi, and window air conditioning units. The sale also includes three flat screen TVs, three living room couches, two kitchen tables with chairs, three TV consoles, the property's WiFi modem and network setup, three high speed routers, more than nine window AC units, and all tools, paint, and maintenance supplies stored in the basement, making this a truly turnkey investment. Additional features include a Landlord Locks universal key system, allowing tenants access to the foyer and their own unit while maintaining privacy from the other apartments, plus separate bedroom keys. The property also includes a security camera system that is already installed and ready to be configured, as well as a security system in Unit 1 that can be armed to alert against intruders. Whether you're looking to expand your investment portfolio, take advantage of the assumable low interest FHA loan, or own a high performing property in one of Philadelphia's strongest rental markets, 1613 W. Diamond Street is an exceptional opportunity you won't want to miss.

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Detail Ic Property Details

Property Type : Residential Income

Price : $660,000

AD Id : 89205532

MLS Id : PAPH2655920

Beds : 9

Lot Size : 0.04 Acre

Living Area Size : 2,980

Year Built : 1915

County : PHILADELPHIA

Subdivision: Temple University

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Feature Features

  • Bedroom Information

    Total beds: 9
  • Flooring Information

    Laminate
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1915 Building Area Total: 3480 Patio And Porch Features: Patio Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 18.00 x 100.00 Lot Size Acres: 0.04 Lot Size Source: Assessor Lot Size Square Feet: 1800

    Property Information

    Subdivision: TEMPLE UNIVERSITY Source Property Type: Residential Income Postal Code Plus 4: 2381 Property SubType: Triplex Property Age: 111

  • Listing Price Information

    Listing Price: $660000

  • Tax Information

    Parcel Number: 321043100 Tax Lot: 117 Tax Year: 2026 Annual Tax: $6434

  • Parking Information

    On Street

  • Location Information

    Direction: From Center City Philadelphia, take I-676 West to Broad Street, then head north and turn left onto W Diamond Street. Continue west on W Diamond Street until you reach 1613 W Diamond Street, located between N 16th Street and N Sydenham Street. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1220 N Carlisle Street, Philadelphia, PA, 19121 $550,000 -- -- 2,397 2,397 SqFt
1222 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,424 2,424 SqFt
1224 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
1228 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
1230 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
2024 N Carlisle Street, Philadelphia, PA, 19121 $800,000 -- -- 2,157 2,157 SqFt
2041 N 15th Street, Philadelphia, PA, 19121 $310,000 5 -- 2,832 2,832 SqFt
1511 W Seybert Street, Philadelphia, PA, 19121 $489,000 -- -- 2,931 2,931 SqFt
1507 W Oxford Street, Philadelphia, PA, 19121 $1,140,000 -- -- 3,000 3,000 SqFt
1545 W Jefferson Street, Philadelphia, PA, 19121 $344,900 8 -- 3,604 3,604 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 08:12

MLS: PAPH2655920 LISTED BY: Jason Polykoff, Keller Williams Realty Devon-Wayne 610-647-8300 SOURCE: Bright MLS

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